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Feb 1, 2013
02/13
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.com you can print real u.s. postage for all your letters and packages. i have exactly the amount of postage i need, the instant i need it. can you print only stamps? no... first class. priority mail. certified. international. and the mail man picks it up. i don't leave the shop anymore. [ male announcer ] get a 4 week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >>> it is time. it is time for the "lightning round" on cramer's "mad money." i tell you whether to buy or sell. when you hear that sound, the "lightning round" will be over. are you ready? it's time for the "lightning round" on cramer's "mad money." let's go to marco in florida. marco. >> caller: boo-yah!
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.com you can print real u.s. postage for all your letters and packages. i have exactly the amount of postage i need, the instant i need it. can you print only stamps? no... first class. priority...
SFGTV: San Francisco Government Television
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Feb 2, 2013
02/13
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this is our tax collectors application. and i can go back to the full report to see the rest of the forms with the county there's a fictitious business licenses we are providing information for the state and federal government whatever it's applicable. and some of the other things that are unique to starting a business in san francisco. for example, let's see someone wants to do a consulting business there are certain rules and guidelines to starting a business in your home. we've made easy links so the users can find it easily. building permits should they do any construction work or wait water charges >> and there's another link on how to start your business in 10 steps. those will take you directly to our website to give the user more information. so the goal again is to simplify doing business in san francisco and this product is not the answer to everything but we're going accomplishing a lot of >> and also again, the product was an off the self product we worked hard a custom misses to meet the needs of our consumers.
this is our tax collectors application. and i can go back to the full report to see the rest of the forms with the county there's a fictitious business licenses we are providing information for the state and federal government whatever it's applicable. and some of the other things that are unique to starting a business in san francisco. for example, let's see someone wants to do a consulting business there are certain rules and guidelines to starting a business in your home. we've made easy...
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Feb 4, 2013
02/13
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tax? what is it right now and what would it be after this plan? >> the state sales tax right now is 5.5%. that would not change. because, again, what we're asking is let's give up those exemptions we've granted over the years. they were done five decades ago. >> hmm. what do the statistics, or the studies that you've run show would end up happening in terms of the revenue that's brought in? >> well, there's no doubt in my mind we would grow more rapidly. that's shown in every study i've seen in states that are doing the best economically. don't have an income tax or again they have a very low rate. we have the 35th highest personal income tax rate right now. i'd like to change that. i think small businesses understand that in particular. >> we have spoken with business leaders who have told us exactly that on this set. barry stern was here last week as one of our guest hosts and he says the best states to do business with are florida and texas, two of the states that don't have income tax.
tax? what is it right now and what would it be after this plan? >> the state sales tax right now is 5.5%. that would not change. because, again, what we're asking is let's give up those exemptions we've granted over the years. they were done five decades ago. >> hmm. what do the statistics, or the studies that you've run show would end up happening in terms of the revenue that's brought in? >> well, there's no doubt in my mind we would grow more rapidly. that's shown in every...
SFGTV2: San Francisco Government Television
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Feb 9, 2013
02/13
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we need to reform our payroll tax. that is an incentive not to create jobs. i know the board president david chu is working on possibility this there -- possibilities there. i look forward to working with him. we've targeted efforts to revitalize areas and bring industries here with the tax holiday and proposal introduced yesterday relating to parts of the tenderloin to provide some payroll tax relief to encourage businesses like twitter and others to go there. >> the governor has proposed eliminating funding for redevelopment agencies. what is your opinion of the plan? what are your thoughts on the value of redevelopment agencies? >> i think the plan is over- broad. i do not support it as it relates to san francisco's model of redevelopment. our redevelopment agency does tremendous work in san francisco. a lot of projects like treasure island and what is happening in hunters point, those kinds of projects would be difficult to achieve without redevelopment. a redevelopment agency is the largest source of affordable housing creation in the city. it has been a
we need to reform our payroll tax. that is an incentive not to create jobs. i know the board president david chu is working on possibility this there -- possibilities there. i look forward to working with him. we've targeted efforts to revitalize areas and bring industries here with the tax holiday and proposal introduced yesterday relating to parts of the tenderloin to provide some payroll tax relief to encourage businesses like twitter and others to go there. >> the governor has...
SFGTV: San Francisco Government Television
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Feb 1, 2013
02/13
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new commercial high-rise officials building breaking ground this spring were we passed the business tax reform and bonds to renew our parks and open spaces. for the first time we've got to balanced budget. our budget resources are growing. this summer we welcomed the first north cup race. our beloved giant swept the world series. and our baseballs champions but i like to say we're the champions. and in 6 days our incredible 49ers will take the field with the whole city behind them. my fellow san franciscans i would smut to you our city a vital and strong. this renewed strength of our city and the renewed confidence we're the best city in 2012. the newspapers called us the best place for parks urban parks in the united states and we're among - yeah. go for our parks >> and we're among the smartest cities and the most walkable cities. yes. and continuing the environmental marketplace under our prior mayor we're the green tech capital of north america and the number one for green jobs according to the best magazines and we're also rated highly for losing weight. in the case of san francisc
new commercial high-rise officials building breaking ground this spring were we passed the business tax reform and bonds to renew our parks and open spaces. for the first time we've got to balanced budget. our budget resources are growing. this summer we welcomed the first north cup race. our beloved giant swept the world series. and our baseballs champions but i like to say we're the champions. and in 6 days our incredible 49ers will take the field with the whole city behind them. my fellow...
SFGTV2: San Francisco Government Television
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Feb 5, 2013
02/13
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the redevelopment by the state was a potential death now for the housing and our taxes stopped the growth of our economy. we in this room and many of us working together took on the story changes for our city some of which have vexed for years >> years. i'm proud that together we through innovation and we foerjd our way ahead. to the city commissioners and to the department heads and to our friends in the business, labor you think non-profit and other communities who spent countless hours with us in negotiations and to the great people of san francisco who rewarded us with your support at ballet in san francisco thank you, very much. together we're putting san francisco back on the right track and building a solid foundation for all our residents. my fellow san francisco's we're living in a time of astonishing innovation and unlimited process we're driving that innovation and for or against the future right here right now not just for san francisco but for the whole world. within the lab of our technologies we're developing techniques will will save lives. to our market district we're pro
the redevelopment by the state was a potential death now for the housing and our taxes stopped the growth of our economy. we in this room and many of us working together took on the story changes for our city some of which have vexed for years >> years. i'm proud that together we through innovation and we foerjd our way ahead. to the city commissioners and to the department heads and to our friends in the business, labor you think non-profit and other communities who spent countless hours...
SFGTV: San Francisco Government Television
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Feb 3, 2013
02/13
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this is a very high-level summary of the allocations and expenditures made from the prop k sales tax rpogram. detailed report on pages 46-47. the total allocations, 83 million, close to 1 billion to date. as i mentioned here, the red numbers of the difference between applications and expenditures which is the lag i talked about. the next few slides will provide highlights of some of the projects and programs being delivered through many of the different fund sources that the programmer we prioritize by working with the mtc< state and general funds; state transportation improvement program is probably the most reliable source ever given the current issues in the state budget. however we only got 16 billion it was a banner year and fulfilled one of our long-standing commitment made in 2001, doyle drive, presidio park. obligation on that is fulfilled. we have a loan to pay back to mtc; a petition has been funds and i'm not good to advantage of that opportunitywith the board issued to provide muni would not hundred thousand for pedestrian improvement. the transportation program, it is a
this is a very high-level summary of the allocations and expenditures made from the prop k sales tax rpogram. detailed report on pages 46-47. the total allocations, 83 million, close to 1 billion to date. as i mentioned here, the red numbers of the difference between applications and expenditures which is the lag i talked about. the next few slides will provide highlights of some of the projects and programs being delivered through many of the different fund sources that the programmer we...
SFGTV: San Francisco Government Television
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Feb 3, 2013
02/13
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>> i talked a little bit earlier about raising taxes and raising revenues and fees, and for me, the tax exemption is something i do not philosophically supports. yet, i often represent part of san francisco that has been neglected for decades, and that is the midmarket corridor. we have over 3 million square feet of commercial real estate. a lot of it has been vacant for decades. the building twitter is going to be using, it has been vacant since 1968. we have to start looking at what tools do we have to revitalize the area, and what i like about this legislation is we are not just giving a tax break to come in. you have to create jobs. you pay your payroll tax base, but if you move to midmarket and create jobs, we will not tax you on those jobs for six years. for the next six years, you are a community partner with us, partnering with us to revitalize neighborhood and then, if you are successful in six years, hopefully and the midmarket become successful, you come back into the tax system. i do not have an interest in expanding it. it was not about corporate welfare to companies. that
>> i talked a little bit earlier about raising taxes and raising revenues and fees, and for me, the tax exemption is something i do not philosophically supports. yet, i often represent part of san francisco that has been neglected for decades, and that is the midmarket corridor. we have over 3 million square feet of commercial real estate. a lot of it has been vacant for decades. the building twitter is going to be using, it has been vacant since 1968. we have to start looking at what...
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Feb 4, 2013
02/13
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accruals, deferred tax accrualaces on half or more than half a billion euros. keep an eye on shares for reaction. look at that popping up about a quarter of 1% now. here is a quick look at today's other top stories. there's been lots of earnings. boeing's 737 jet may have other issues. companies blame outsourcing as poor parts operating outside of boeing's control. one engineer said unlike other boeing jets, the power distribution jets are like radio shack with parts that are cheap and broken to failure. boeing denies its supply of 787 suppliers was insufficient. >>> a pair u.s. pension funds are suing plaquerock alleging blackrock and etf intended to take a percentage of investments for themselves as disproportionate. blackrock shares apparently responding in suit, up 1.75% and doing quite well over a three-month period up almost 20%. >>> the long shoreman's union and workers have agreed to a deal. a walkout would have halted cargo shipments making the first work stoppage in 35 years. and the u.s. government and mexican growers have reached a tentative deal to
accruals, deferred tax accrualaces on half or more than half a billion euros. keep an eye on shares for reaction. look at that popping up about a quarter of 1% now. here is a quick look at today's other top stories. there's been lots of earnings. boeing's 737 jet may have other issues. companies blame outsourcing as poor parts operating outside of boeing's control. one engineer said unlike other boeing jets, the power distribution jets are like radio shack with parts that are cheap and broken...
SFGTV: San Francisco Government Television
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Feb 2, 2013
02/13
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and those were backed by hotel tax revenue. in addition, in 2009 the board approved the delivery of certificates of participation as well as the establishment of a [speaker not understood] improvement district allowing for the district to levy assessmentses of up to 1.5% to do improvements. .5% of that was available towards improvement of moscone and the city also contributed by way of certificates of participation to the 56 million improvement that is now at moscone. so, we've already established that partnership whereas in the first three pieces were voter approved and this is nonvoter approved. and we also partnered with sf travel improvement. we are now proposing as part of the expansion another collaboration. so, this is similar to what we've done historically. >> thank you. >> this slide is a highlight of attachment 3 of the budget analyst and legislative report. it shows you a huge cash flow. we are proposing a not to exceed amount of 507.9 million, and we've assumed an interest rate of 6%. we are requesting that as part
and those were backed by hotel tax revenue. in addition, in 2009 the board approved the delivery of certificates of participation as well as the establishment of a [speaker not understood] improvement district allowing for the district to levy assessmentses of up to 1.5% to do improvements. .5% of that was available towards improvement of moscone and the city also contributed by way of certificates of participation to the 56 million improvement that is now at moscone. so, we've already...
SFGTV: San Francisco Government Television
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Feb 5, 2013
02/13
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at the conclusion of today's hearing the tax collector will have the tab levitation and the public can view it in the basement of the city hall. now if there is a protest of the snaements the district or if there's a less two-thirds voters. today, we'll hear from all people in favor of these following issues we'll then hear from the people who speak in opposition. during the hearing in any hotel visitor wishes to change their vote or cast their vote they may speak with the staff out the chamber. after the hearing closes you may not change our vote or cast any additional vote. let me first ask if there are any primary comments >> thank you. and i know that chair farrell from budget committee would like to speak as well. one item to appropriate 5 hundred and 7 millions $880,000 to the moscone project. and i'm playing this dollar amount with the comptroller. 70 percent of this would be provided by the moscone district fund which we are voting on today and then the finding of the feasibility which is depended upon upon the election we have today. and the moscone would allow improvements of
at the conclusion of today's hearing the tax collector will have the tab levitation and the public can view it in the basement of the city hall. now if there is a protest of the snaements the district or if there's a less two-thirds voters. today, we'll hear from all people in favor of these following issues we'll then hear from the people who speak in opposition. during the hearing in any hotel visitor wishes to change their vote or cast their vote they may speak with the staff out the...
SFGTV2: San Francisco Government Television
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Feb 1, 2013
02/13
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another indicate the tax is paid and another indicate the taxes in arrears. james lacy was paid in full and not in a rears. the tax in 1846 was cut in half from the previous year. the year 1847 shows something else. the people were taxed in may of 1847 and made to pay a 4 fold increase and in october of 1847, 15 times what they were paying in 1846. this amounted to a 900 percent increase in tax in less than a year. still james lacy was paid in full and not in arrears. i show the book to the librarian who knows i am reading papers to look for clearance notices and says, there's your answer now you know why they left. newspaper mentioned the establishment of insolvant commission. in commission states the tax afforded the clearance amongers the most effective means of getting rid of this agricultural population. some landlords were praised as humane for forgiving 3-4 year's rent or accepting what people could pay. these landlords were in the minority and the landlord of cottage where nie family lived was not among them. rate payer books for 1848 is missing. the
another indicate the tax is paid and another indicate the taxes in arrears. james lacy was paid in full and not in a rears. the tax in 1846 was cut in half from the previous year. the year 1847 shows something else. the people were taxed in may of 1847 and made to pay a 4 fold increase and in october of 1847, 15 times what they were paying in 1846. this amounted to a 900 percent increase in tax in less than a year. still james lacy was paid in full and not in arrears. i show the book to the...
SFGTV: San Francisco Government Television
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Feb 4, 2013
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we care about each other and pay taxes to provide services to everyone. in fact, my co-owners and i have paid over $250,000 in property taxes to the city of san francisco since we purchased in 2007. in the same period of time two similarly sized tenant occupied buildings on our block have paid less than 40,000 combined. that's due to prop 13. we are san francisco's middle class and we need help. although we don't attend meetings in protest we still deserve to have the full board consider this legislation which will allow us to help ourselves. i also wanted to thank the people in opposition who have acknowledged our common goals and that we need help but state that long-term solutions which i believe we need in condo reform isn't going to help any of us. we're going to be forced to sell and dump this problem in new owners -- >> chair wiener: thank you very much. next speaker. i've called all the cards. if there's anyone else who would like to speak just get in line, otherwise this will be the last speaker. >> jake, i live in a six unit t.i.c. in south of m
we care about each other and pay taxes to provide services to everyone. in fact, my co-owners and i have paid over $250,000 in property taxes to the city of san francisco since we purchased in 2007. in the same period of time two similarly sized tenant occupied buildings on our block have paid less than 40,000 combined. that's due to prop 13. we are san francisco's middle class and we need help. although we don't attend meetings in protest we still deserve to have the full board consider this...
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tax situation we have? i guess that would be a passive, right? and probably at least acknowledging, if the democrats would acknowledge that entitlements are a problem, maybe that would help, right, even if you don't do it immediately? >> so here's the good news. good news is we're so far inside best practices for delivering fiscal policy there's lots of things that we can do to get us to a better position. republicans have to recognize you have to raise the average tax rate. democrats have to recognize the best way to do it isn't raising marginal rates and underwriting an inefficient system. >> as someone who spent last week at davos and he said that he talked to a large number of european ceos who are eager about investing in the united states because of our projected suspensionly lower energy policy because of shell of course we're going to get out of our way and saying let them do it. but that's encouraging that they can think about moving plants here now. >> absolutely. i was at davos, too, and the most
tax situation we have? i guess that would be a passive, right? and probably at least acknowledging, if the democrats would acknowledge that entitlements are a problem, maybe that would help, right, even if you don't do it immediately? >> so here's the good news. good news is we're so far inside best practices for delivering fiscal policy there's lots of things that we can do to get us to a better position. republicans have to recognize you have to raise the average tax rate. democrats...
SFGTV2: San Francisco Government Television
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Feb 5, 2013
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we are taxing work the barely taxing wealth region but barely tax and wealth. that is the wrong priority. -- we're taxing work but barely taxing wealth. the robin hood taxes an idea whose time has come. radicals light nicholke nicolasy and angela merkel have a tax on currency transactions that would bring in $350 billion a year. some of my heroes are the nurses of this country. national nurses united heal america. tax-loss >>> there are a slew -- tax on wall street. there are a slew of good things that 1%ers are for. >> he is not really offering of a lot. >> he is talking about being taxed less than his assistant. there is a group of patriotic millionaires. it is the belief that you owe backe to a country that has helped to make you what you are. steve jobs -- we had a tough column in the last issue. it was tough not about apple labor practices in china. here you had a man of great wealth was talking about cutting taxes and never really gave of his philanthropic wealth. poor bill gates, he gets nailed for being so square. you can disagree with some things. but
we are taxing work the barely taxing wealth region but barely tax and wealth. that is the wrong priority. -- we're taxing work but barely taxing wealth. the robin hood taxes an idea whose time has come. radicals light nicholke nicolasy and angela merkel have a tax on currency transactions that would bring in $350 billion a year. some of my heroes are the nurses of this country. national nurses united heal america. tax-loss >>> there are a slew -- tax on wall street. there are a slew of...
SFGTV: San Francisco Government Television
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Feb 1, 2013
02/13
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, 1.5 million in new sales tax and about 10.9 million in new hotel tax revenue for a total of 13 million in that year. that is notably more than the city's general fund contribution, and that number will increase with inflation. so, what it really means is suggests every year the city will be making indirectly more in taxes than it is contributing its share to the expansion. the only thing i would note in addition and conclusion is that the city's fiscal and economic up side, if you like, is somewhat limited by the fact that there is limited hotel capacity in san francisco. and if we had the capacity to accommodate 100% of the demand, the job benefit and the tax benefit for the city would be greater. and with that i'll take any questions that you have, supervisors. >> thank you, mr. eagan. just, again, to summarize here. in terms of the financing. so, 70% is going to be paid for by the expansion district so 30% by the city general fund. it's going to create thousands of jobs in terms of both construction and long-term. i think your job numbers here, were these annual jobs? >> they're ann
, 1.5 million in new sales tax and about 10.9 million in new hotel tax revenue for a total of 13 million in that year. that is notably more than the city's general fund contribution, and that number will increase with inflation. so, what it really means is suggests every year the city will be making indirectly more in taxes than it is contributing its share to the expansion. the only thing i would note in addition and conclusion is that the city's fiscal and economic up side, if you like, is...
SFGTV: San Francisco Government Television
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provides a coast redevelopment act, tax increment financing, voluntary tax increment financing structure. the governor did veto it last year. mr. steiner has reintroduced it. we recommend they watch; we feel the bill will go through iterations before it is heard in its final shape. the next bill would allow him infrastructure financing districts to waive or have the requirement of a vote eliminate it in the bill. that is a key factor in this bill. the governor did veto it, not on a policy basis. he did indicate that he was more interested in a holistic six two infrastructure financing districts rather than piecemeal. there were other several bills that he vetoed at the same time so and the infrastructure finance districts will undergo a robust revision. we are recommending a watch to you. on page 3 there are three measures, two virtually identical, sca 4 and sca 9. -- it transportation measures in la and alameda counties. sca 4 and sca 8 would propose to the people of california and measure to approve the voters wrestle for voter transportation special taxes from two thirds to 55 percent
provides a coast redevelopment act, tax increment financing, voluntary tax increment financing structure. the governor did veto it last year. mr. steiner has reintroduced it. we recommend they watch; we feel the bill will go through iterations before it is heard in its final shape. the next bill would allow him infrastructure financing districts to waive or have the requirement of a vote eliminate it in the bill. that is a key factor in this bill. the governor did veto it, not on a policy...
SFGTV: San Francisco Government Television
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Feb 1, 2013
02/13
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and, so, so, over time that number has fluctuated based upon sales tax revenues and how the sales tax revenues have fluctuated. so, for example, in fiscal year 2009 to 2011, the payment under this current form would be increased by 18% because of the fact that the economy had affected sale tax received that weren't received. we recognize the $15 million versus the contract value of approximately $2.6 million is quite a substantial difference. during negotiations we discussed this issue and we were very pragmatic about this. we did not feel that it would be feasible to transition to an amount like $15 million overnight. so, that's the feeder agreement. in term of -- those are the historical developments of both agreements. and now i'd like to walk you through the proposed amendments to the agreement. so, for the past pass agreement, the term of this would be from retroactive from january 2010 through june 2014. and for the feeder agreement the term would be from july 2010 to june 2020. the difference here is ed explained that the bart board fare policy has expired with the last fare in
and, so, so, over time that number has fluctuated based upon sales tax revenues and how the sales tax revenues have fluctuated. so, for example, in fiscal year 2009 to 2011, the payment under this current form would be increased by 18% because of the fact that the economy had affected sale tax received that weren't received. we recognize the $15 million versus the contract value of approximately $2.6 million is quite a substantial difference. during negotiations we discussed this issue and we...
SFGTV: San Francisco Government Television
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Feb 8, 2013
02/13
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in addition, there's going to be tax revenues and rent benefits. we walk through those with a consultant. at the completion, the business is operating in these buildings will generate almost $800,000 a year in general fund revenue. we didn't cost through the indirect impact of the spending of those businesses or the construction cost benefits because we thought this was a strong project looking at the direct benefit. there will also be 150 million a year
in addition, there's going to be tax revenues and rent benefits. we walk through those with a consultant. at the completion, the business is operating in these buildings will generate almost $800,000 a year in general fund revenue. we didn't cost through the indirect impact of the spending of those businesses or the construction cost benefits because we thought this was a strong project looking at the direct benefit. there will also be 150 million a year
SFGTV: San Francisco Government Television
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Feb 5, 2013
02/13
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smaller projects; prop k has money for curve walks, pedestrian signals, the major feature of the sales tax program. i have the audit on the agenda. congratulations to cynthia and the board; we continue to have a good credit rating. we have not had to issue bonds but we are prepared to that. we have negotiated a letter of credit; there is a significant cost savings, just under 1 million dollars a year that are now available for projects. we have had a big office move; congratulations to cynthia and her staff. if you have not looked at the window recently it is converted to residential use. last but not least i want to reiterate what jose luis and the chair have said about the leadership of the board; and more more about the public and private partners. a huge thanks to the wonderful staff past and present and our interns who have done amazing things. i want to mention anthony adams who created interactive maps. you can find the project, cost phase and completion. we expect this to go live next month. thank you. >> thank you for your presentation; the interactive map something and fantastic;
smaller projects; prop k has money for curve walks, pedestrian signals, the major feature of the sales tax program. i have the audit on the agenda. congratulations to cynthia and the board; we continue to have a good credit rating. we have not had to issue bonds but we are prepared to that. we have negotiated a letter of credit; there is a significant cost savings, just under 1 million dollars a year that are now available for projects. we have had a big office move; congratulations to cynthia...
SFGTV: San Francisco Government Television
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Feb 4, 2013
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paying my property taxes, sending my son to public school in san francisco, trying to make ends meet like most people here. we have been patiently waiting to condo convert for six years with our financial stability deteriorating. we are trapped by our loan because we are not able to refinance and have a balloon payment due in two years. i'm scared what will happen in two years. i am not a real estate investor. i'm not looking to float my home. i am a mother who wants to raise her child in san francisco and have the same mortgage financing options as the rest of the countries. i urge you to support the condo bypass legislation. >> chair wiener: thank you very much. next speaker. >> hello. my name is julie, and i'd like to thank the supervisors for taking this into such serious and strong consideration. i think what's evident today is that the t.i.c. units and ownership is very unique to san francisco and therefore requires unique and brave decisions. i'm a single woman, i've lived here for 20 years, i bought my first home as a t.i.c., not because i was looking to flip a unit, not beca
paying my property taxes, sending my son to public school in san francisco, trying to make ends meet like most people here. we have been patiently waiting to condo convert for six years with our financial stability deteriorating. we are trapped by our loan because we are not able to refinance and have a balloon payment due in two years. i'm scared what will happen in two years. i am not a real estate investor. i'm not looking to float my home. i am a mother who wants to raise her child in san...
SFGTV2: San Francisco Government Television
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Feb 4, 2013
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>> i could go on about immigration and corporate tax policy reform, but i am a researcher, so i will not. >> and we have seven minutes. >> mayor lee said it perfectly. the fundamental thing that companies are looking for is to be engaged in the process. we use a term in computing called agile. we look for more ability and the possibility to work with us, iterate in the process, rather than what we often see as we call the waterfall, take-it-or- leave-it. flexibility and agility is what is most important. >> mayor lee? >> i have always thought of our city as being the gateway to the rest of the world. i have often talked, with companies, i want to be with you when you turn the corner. we want to be the city that treats international markets for your products. i do not know if you know this but we have 70 counsel general offices in san francisco, the highest number outside of washington, d.c. we want to make sure that our companies know we are not just in it for san francisco, the region. we have to tap international markets. they love hearing that. some of the companies already know t
>> i could go on about immigration and corporate tax policy reform, but i am a researcher, so i will not. >> and we have seven minutes. >> mayor lee said it perfectly. the fundamental thing that companies are looking for is to be engaged in the process. we use a term in computing called agile. we look for more ability and the possibility to work with us, iterate in the process, rather than what we often see as we call the waterfall, take-it-or- leave-it. flexibility and...
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Feb 4, 2013
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president, can we call public comment on the gross receipts tax? seeing none public comment is closed. >> update and the small business center and making comments on small business activities. >> so commissioners this morning mayor lee gave his city address and this is the first address as he being mayor. while there were numerous items when he went through all the things awe employment over the last year but business-related he talked about the gross receipts and passage and the collective work on creating that piece of legislation and the unanimous sport around that. no need the growth of manufacturing the increasing of funding for lending programs that the city is doing and soon by the end of this month through mid february i think we may be getting the announcement about the mid loan funding. so you'll be receiving a announcement on that. and then is commercial corridors with the investment program and as jane mentioned he talked about is license 1, 2, 3 and the ongoing comment to developing is online business tool. there were numerous highligh
president, can we call public comment on the gross receipts tax? seeing none public comment is closed. >> update and the small business center and making comments on small business activities. >> so commissioners this morning mayor lee gave his city address and this is the first address as he being mayor. while there were numerous items when he went through all the things awe employment over the last year but business-related he talked about the gross receipts and passage and the...
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the result is that the state transit assistance is now based on the details sales tax receipts. that is a fluctuating amount of money and therefore we only rely on the projections over the course of the year. so far it looks pretty good. the other big news is that the state is looking pretty good. troop prop 30 passed, significant dollars in projected revenue. so i think we find ourselves in a cautiously optimistic time. we'll be following that as the year unfolds. we participate in that process through various trade associations and our meeting, in fact, next week with the commit staff working on the bill to have california's law conform for the federal law. cap and trade another very large statewide issue. san francisco as a city family is engaging on that through our advocacy, our lobbyists, as well as the league of cities, california state association of counties and others who have an interest in making sure that local government and transportation programs in particular, given that transportation emits 38% of the state's greenhouse gas emissions do see some benefit from th
the result is that the state transit assistance is now based on the details sales tax receipts. that is a fluctuating amount of money and therefore we only rely on the projections over the course of the year. so far it looks pretty good. the other big news is that the state is looking pretty good. troop prop 30 passed, significant dollars in projected revenue. so i think we find ourselves in a cautiously optimistic time. we'll be following that as the year unfolds. we participate in that...
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Feb 3, 2013
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are taxable and in this case we have divide them accordingly and we also think there is a role for tax equity, investment in this program and so we are looking at that as an alternative source of financing and the h bond authority was called the solar neighborhoods charter amendment and the whole idea of that was finance customer opened in san francisco and so nothing new in that and nothing that local power has invented in the hearings that is all in the record. >> feinstein your club wants to say something. >>> welcome. >> thank you commissioners. i would like to say something that this is agenda is very confusing and so if this is the last time that we are going to to be talking about this issue today --. >> today yes. >>> because i was inter impression that there was a staff presentation follow this but since this is it -- all right i have been spending the last 20 seconds figuring out what is goinggoing on and so i'm the.president of the baby chapter club and we are excited toward about this because it's a real answer towards clime climate change but we are concerned that the rout
are taxable and in this case we have divide them accordingly and we also think there is a role for tax equity, investment in this program and so we are looking at that as an alternative source of financing and the h bond authority was called the solar neighborhoods charter amendment and the whole idea of that was finance customer opened in san francisco and so nothing new in that and nothing that local power has invented in the hearings that is all in the record. >> feinstein your club...
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Feb 7, 2013
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discriminatory practices of the federal tax code, but after some good discussion they indicated their complete support. so the meet and confer process was concluded. >> thank you. any questions? thank you very much. i hope that every meet and confer in future is that easy. >> me, too. >> i bet. and with that, we have the budget and legislative analyst's report. >> mr. chair, members of the committee, on page 4 of our report, we point out that the health services system estimated that 186 employees would be affected by this proposed ordinance. wherein most employees receive a payment between $1400 and $1500 that depends on their medical and dental insurance polices. and the total estimated cost to the city is $660,492 including payments to employees of 57 5 682 and employer fica and medicare contributions. it is our understanding that there would be no additional administrative costs for administering this ordinance. we consider, because this proposed ordinance may result in new ongoing costs of the city as an estimated $660,492 per year, we consider approval of this ordinance to be a
discriminatory practices of the federal tax code, but after some good discussion they indicated their complete support. so the meet and confer process was concluded. >> thank you. any questions? thank you very much. i hope that every meet and confer in future is that easy. >> me, too. >> i bet. and with that, we have the budget and legislative analyst's report. >> mr. chair, members of the committee, on page 4 of our report, we point out that the health services system...
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Feb 6, 2013
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the additional taxs is one of the many results of defense of act act or doma. married lgbt committees are already denied many rights and this additional tax adds another sting to the injustice of doma. this brings great hope the u.s. supreme court will hear the california proposition perry case and various doma cases later this year. however, as a legislative body here in san francisco, i don't believe we can or should standstill and wait to see what the u.s. supreme court does while this discrimination continues. i look forward to working with everyone to get this passed. i am proud that this legislation is supporting and cosponsored by supervisors wiener, campos and chu, as well as the lgbt democrat democratic club and lgbt. we have prided ourselves of being ahead of curve and the props of a better tomorrow. as a city we should not stand idle as contributing members of society -- with hope and uncertainty certainty that the u.s. supreme court will find doma cases unreasonable. colleagues i hope i can for your support. we have a number of speakers to speak. >>
the additional taxs is one of the many results of defense of act act or doma. married lgbt committees are already denied many rights and this additional tax adds another sting to the injustice of doma. this brings great hope the u.s. supreme court will hear the california proposition perry case and various doma cases later this year. however, as a legislative body here in san francisco, i don't believe we can or should standstill and wait to see what the u.s. supreme court does while this...
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that's why i proposed that this year we look at the transportation system in our city with pay role tax reform. in a nutshell we got all the leaders together in our city and agreed to make a difference. i say let's take that same approach with our transportation challenges too. we already have a lot of plans and reports that all driveway solutions were we need to more than news to better match up with the 21 accounting century where people work and shop. and so we'll have a transportation 200 thirty transportation workforce. we'll be working with our controllers office, we'll invite all our heeds from regional transportation system and our technology community to the table. i'm also thankful that commissioner wen eras agreed to meet with us on this opportunity. we'll maintain the condition of our streets and we'll make municipal transportation systems in this city work the way they want to work. don't get close to our municipal syst system that some folks may say. we cannot let politics be our guide. paris london and england has great transportation systems but look at san francisco. ac
that's why i proposed that this year we look at the transportation system in our city with pay role tax reform. in a nutshell we got all the leaders together in our city and agreed to make a difference. i say let's take that same approach with our transportation challenges too. we already have a lot of plans and reports that all driveway solutions were we need to more than news to better match up with the 21 accounting century where people work and shop. and so we'll have a transportation 200...
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really dependent upon inviting thousands more people here to enjoy our resources here in the city, to tax us a little bit on it, but this is what we do as a great international city. all of you have a very distinct role in all of this and it's my pleasure to begin telling you how proud i am and the months of september and particularly october have all been full of great events, and numerous events, and sometimes on schedules that while we had mentally took note they would be on the similar weekends, we were of course needing to really communicate with each other, and make sure we did all the things in the background that no one ever sees and talks to each other to make sure things happen smoothly, and i want to give big kudos to ed risin and all the others in transportation and advising people to take public transportation and emphasize that in all of our major international and worldwide and world seize of events that happened in the city. >> >> whether it's america's cup or fleet week or some incredible music on the bluegrass side of the city as well as just neighborhood events that we
really dependent upon inviting thousands more people here to enjoy our resources here in the city, to tax us a little bit on it, but this is what we do as a great international city. all of you have a very distinct role in all of this and it's my pleasure to begin telling you how proud i am and the months of september and particularly october have all been full of great events, and numerous events, and sometimes on schedules that while we had mentally took note they would be on the similar...
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we may our taxes. and we're not going anywhere. we're here for the long haul. but we see people in our building who have sold, and our building renovated sold in 10 minutes to us, and other people who bought. but it's taken over a year to sell them because of the hoops the banks make the new buyers go through. and i just think it's the next right thing to do. and i love to see $20 million go into affordable housing. thank you very much. >> chair wiener: thank you. next speaker. >> i want to -- mike muylan that was my wife. i agree and support what she said because it's better off for me. we live in a t.i.c., it's very diverse, and the occupants in both jobs and ethnicity, we have chinese, vietnamese, people in marketing, we have a landscaper, and some that are semiretired. i looked up data from 2010 and it looked like at the time they said there's 65% of the units in san francisco are rented. that's 220,000 units and 35% are owned. that's 123,000. so this legislation, which is about a one-time -- roughly might be 2,000 units, is less than 1% of the available re
we may our taxes. and we're not going anywhere. we're here for the long haul. but we see people in our building who have sold, and our building renovated sold in 10 minutes to us, and other people who bought. but it's taken over a year to sell them because of the hoops the banks make the new buyers go through. and i just think it's the next right thing to do. and i love to see $20 million go into affordable housing. thank you very much. >> chair wiener: thank you. next speaker. >> i...
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Feb 8, 2013
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they pay their taxes. they may run into a rough patch now and then and what we're able to provide is a bridge towards getting them back on their feet. the center averages about 14,000 visits a year in the health clinic alone. one of the areas that we specialize in is family medicine, but the additional focus of that is is to provide care to women and children. women find out they're pregnant, we talk to them about the importance of getting good prenatal care which takes many visits. we initially will see them for their full physical to determine their base line health, and then enroll them in prenatal care which occurs over the next 9 months. group prenatal care is designed to give women the opportunity to bond during their pregnancy with other women that have similar due dates. our doctors here are family doctors. they are able to help these women deliver their babies at the hospital, at general hospital. we also have the wic program, which is a program that provides food vouchers for our families after t
they pay their taxes. they may run into a rough patch now and then and what we're able to provide is a bridge towards getting them back on their feet. the center averages about 14,000 visits a year in the health clinic alone. one of the areas that we specialize in is family medicine, but the additional focus of that is is to provide care to women and children. women find out they're pregnant, we talk to them about the importance of getting good prenatal care which takes many visits. we...
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of disability, department of aging and adult services and mod can monitor the income from this new tax, i'm going to suggest that some of that extra money could be devoted to restoring some level of the cutbacks already made locally. but statewide is the larger issue. that is where the major changes have come. so i also wanted to alert you to a program called "a california budget for all of us." it's convening groups include well-known groups like the western center on law and poverty, health access, the california partnership, and the california immigrant policy center. the mantra is "restore, rebuild and reinvest." so this advocacy will be taken up by various groups including the california alliance of retired americans. there are four polices that are coming from this california budget for all of us. four polices for the coming california budget cycle. one, restore the social safety net cuts being implemented now during this 2012-2013 fiscal year. second, a moratorium on cuts to vital programs for vulnerable californians in the coming year. that includes lots of us. third, continue
of disability, department of aging and adult services and mod can monitor the income from this new tax, i'm going to suggest that some of that extra money could be devoted to restoring some level of the cutbacks already made locally. but statewide is the larger issue. that is where the major changes have come. so i also wanted to alert you to a program called "a california budget for all of us." it's convening groups include well-known groups like the western center on law and...
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we see taxes go up, we see weak, planned business spending. you have to be a little bit more cautious than the market seems to want to be right now. >> business investment is up, and i saw, i think dana telsey was on a program preceding this one on cnbc saying that actual january trends in retail look pretty good. i mean the airlines have done well, also. >> i hear you loud and clear. but then why are -- why is truck to beage down? if retail is doing so well, where are those goods coming from? when you look at the volumes of containers coming into our ports, you look at the volumes being moved by truck, it's negative and that means there's less product somewhere being moved, being sold. >> so if we went to the declining trucking tonnage as the leading indicator that is not boding well, what are the implications for an investor in this space? don? >> well, it implies that most of these companies are a little bit ahead of themselves. that most of these stocks are fairly or fully valued. we recommend things like union pacific because we're moving
we see taxes go up, we see weak, planned business spending. you have to be a little bit more cautious than the market seems to want to be right now. >> business investment is up, and i saw, i think dana telsey was on a program preceding this one on cnbc saying that actual january trends in retail look pretty good. i mean the airlines have done well, also. >> i hear you loud and clear. but then why are -- why is truck to beage down? if retail is doing so well, where are those goods...
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and they will figure out the payroll taxes and everything. but then the parent of child becomes the employer and they do the hiring and firing process . i think that if a person is a little bit educated, they can find answers on how to do this. but i think it's a problem for some parents, because first of all, they have to take care of the special needs child, the adult whatever. there is a language barrier. some are from a totally different country. back in the '80s, it used to be if you had a respite worker, there was an agency that did all of the payroll and everything, and then they would just pay the worker. and then later on, they pushed it onto the parents and the parents had to do this. but not everybody is going to understand that whole accounting process. so i think this needs to be addressed. >> thank you harriet. any other council member who wishes to make a comment? >> to item no. 8. information item, report from the disability disaster preparedness committee. and denise will read that report. >> thank you, chip. the disability d
and they will figure out the payroll taxes and everything. but then the parent of child becomes the employer and they do the hiring and firing process . i think that if a person is a little bit educated, they can find answers on how to do this. but i think it's a problem for some parents, because first of all, they have to take care of the special needs child, the adult whatever. there is a language barrier. some are from a totally different country. back in the '80s, it used to be if you had a...